Outside of government institutions and organizations. We also have a client using it rapidly to get research and knowledge workers to be able to level up more rapidly. Because as you are doing inside especially in the Consumer Product, the entire community is learning as you learn. So what we have been able to do is create a platform that doesnt require assistance. In assessments. In fact when weve gone beyond assessments so that the community is able to. Hispanic and now when you say the community, is that into giving using analogies, but is it similar to facebook where i am letting im letting various people into the community . You can have a closed Community Like here im having a conversation with somebody or i can have an open community. Or have multiple communities. I have some people that im working with on the nanotechnology who are phd students at stanford mit. So i can bring in these experts to help you learn more and i can help guide their learning as well. So this is an open learning platform. The basic level is you can manually bring in the content leveraging and curate your own content so a lot of people are doing their own searches and bringing in their own content or we have robots that go out and look at what people are trying to learn and we pull in the content. You can do both. And the third is to create the collective intelligence from the community because that is where the transformation will happen probably over the problems for the realworld problems. Once youve you figured out and dive into it how does your Business Model work given that this may be more depth and topics then it would jeer towards the mass consumer which means either youre charging a premium or youve got advertising for the business side of this thing for subsidizing the consumer side how does it work . A little bit of both. So, we have a subscription per user in the enterprise product and about product is very robust and that business is robust. The Consumer Product we are at our infancy because people in these Different Companies have set up i want my Digital Certificate of my knowledge to travel with me from one company to to do next with an organization to the next consider so that forced us to create a consumer of space so that they become the owner of the Digital Knowledge and by doing that, they are able to bring knowledge from outside of the world to inside and to be able to have that context so if you are doing it for the personal knowledge or for your work knowledge, now we have the ability for you to be a lifelong learner in any way. What is your background . I am a narrow scientist narrow scientist. I was inspired to do this because i was hit by a drunk driver after he served in the marine corps and spent 18 months in a coma and i was blind for ten years. But when i left the hospital i ended up in a nursing home, so the hospital gave up on me and asked my lifeless sunsetting these Senior Citizens helped me summarize and taught me everything so thats where i was introduced to the personalized learning. If you see my eyes are different colors, this one is gone. And you were a marine. Yes. Now im a sweet titanium. You look pretty solid. Thats an amazing story. Congratulations. Good luck to you. I appreciate your service to the country. Thank you. We try to solve the riddle of how you get to and energy cell to make out a scalable platform and we did the math so we are simulation people by origin we are doing simulations and determined that we be the best way is to have batteries on equipment that he bought on ebay that was cheap to use for things like food packaging. Last summer we demonstrated over 1100, about double what is available right now in the market. Everybody get a picture of the president of the United States . This particular Battery Technology application is for everything from cars to devices. We just had an investment from dyson and after that the sky is the limit. We started the company to get into electric vehicles. Thats been a passion of ours for a long time. How do we cut the cost and size and longevity. That is the big stumbling block. Have you solved it lacks we have to scale it up but this was after working on the incumbent technology for a long time. We came after ten years so it came out of my laboratory. And a surprising thing happened. The first prototype that we made worked and was based on the funding. So, we saw this for the company. Thats great. What are the barriers to scaling up . What do you have to figure out for this to become the standard . The usual Engineering Work every time you make a larger so you deal with the flaws and you have to make them faster and you get a bigger equipment. You make them at a higher rate and so we go through all of those development steps and you have to test and build again. Well im very excited. [inaudible] happy birthday. Thank you. What do you have here . Student loan genius. Duotone be where i can get the cheapest Student Loans. We invented the four o. One k. It helps them find the best plan and then the Company Finds a matching contribution to repay it faster. So i graduate and i go work for shopkeeper and my parents didnt pay for college so i have 50,000 worth of debt. So what do i do they say to they save you have any student debt and i say yes. Theres three things we do. They would use our tool that we built similar. You came out of school with over 100,000 of debt and so did i. For those people thats confusing to figure out which programs they are eligible for. This analyzes your loans and we built an algorithm to show you every single repayment plan that you qualify for and about you to see them sidebyside now and in the future and once you choose a plan plan to help you fill out the application if you want to do refinancing we hope you figure out the process but another cool thing that you can see is the impact of the Company Providing the contribution so once you choose a plan b. Then integrate to pull money out of their paycheck and into the next company once they can provide a match. Its having a massive impact and you can see the average impact we can have on people of companies provide a match. Is this a onetime purchase by the company were are you managing this and then its like a Monthly Service pack the company can decide if they want to provide a Monthly Contribution or annual. Ive been here for 12 months and we give you 5000. With our system we enjoy the biggest of the highest interest loan to make sure they are being paid off efficiently. Given the algorithm youve already developed why just do the sale to business because the concept presumably would apply to somebody who is selfemployed who could go directtoconsumer on this. The reason we want to go at this point is because you get a match from the employers the employers ability and incentive for the company to use it for the retention tools. That is smart. Once you have this established then we are launching our First University this month to open up to all of their alumni. So they will not receive the match but they can use the platform. To make the calculations quickly. Four out of five are choosing to switch the plan they are currently on. So its like people want this in front of them. Are you plugging in things like the incomebased Repayment Program and things . Absolutely. This is all here. Its incomebased and contingent how did you get this idea of it and having a lot of debt tax before this company i started the First Company from a lineal is for people in their 20s and 30s and it was through that company the sole it impacting peoples lives and i had the idea that companies are helping people save up for retirement but our generation is getting crushed by Student Loans so we provide to those matching dollars for something that we actually care about is having an impact on our lives. How did you find it lacks we just closed the biggest Financial Service company in the world that we we cant announce until later this month. But we are always looking for Strategic Partners and investors, just to throw that out there. Congratulations. In a Senate Hearing on the foster care systems to state welfare officials a parent advocate and former foster child talked about ways to reduce the number of children living in group homes. They looked at how oregon and utah are using federal papers to try alternatives to the traditional foster care system. Senator orrin hatch chairs the finance committee. This is an hour and a half. Dot committee will come to order. Robert frost once wrote home is the place you have to go when they take you there. Unfortunately for far too many children in the foster care system, that is not a capable. Today the Senate Finance committee will hear testimony on alternatives that could reduce the reliance on Foster Care Group homes. Ive been pleased to have worked on this hearing with the Ranking Member. Ive been working with him on everything. Keep it up. We dont have to keep it up. This is a bipartisan hearing and i appreciate the senators efforts as well as those of the staff. The basic premise of the hearing is simple. Whenever possible, children should grow up in a home with their family. When problems arise attempts should be made to keep children at home safe. Efforts should be made to place them with caring relatives and children should only be placed in group homes for short periods of time. The effort to place them in a family setting has been exhausted. They spend years confined in foster care homes. This past may the Committee Held a hearing on the need to safely reduce the reliance on Foster Care Group homes. We heard a powerful testimony from about the negative experiences in a Foster Care Group home. The Committee Heard testimony how expensive and inappropriate and untimely death threat for placement editor of the placement can be for many children and youth. I think we should do whatever we can to reduce reliance on Foster Care Group homes. There is a point that we should refuse to spend the scarce taxpayer dollars for the replacement that we no result in negative outcomes. Not only for children but they use as well. As i said in the past no one would support allowing states to use federal taxpayer dollars to buy cigarettes for the foster youth. In my view continuing the taxpayer dollars to fund the basement in Foster Care Group homes is ultimately as destructive. However it isnt sound Public Policy to work to reduce their reliance on good homes without addressing the need to support a family placement for children and youth currently in the risk of entering one of the facilities. The purpose of the hearing is to examine alternatives to Foster Care Group homes. Such alternatives include allowing the states to use their federal foster care funds for the purpose of providing services and interventions that can result in allowing children to stay safely at home. Currently the federal government devotes the highest proportion of its federal foster care funding to the least desirable outcome and then placing them in stranger care or any Foster Care Group home. Current federal foster care walls prohibit the states from using certain federal funds to provide the services that could ameliorate the conditions of the family home. Some states like utah for example believe they can reduce the need for foster care if they use certain funds to provide the services to families. In 2011 we drafted legislation that allowed up to 30 states to get waivers to innovate and use the federal foster care dollars to provide these up Front Services and today we will hear from an official from my home state of utah towards improved outcomes for children and families reducing the reliance on foster care. We should extrapolate the image as a model for all states. When you ask a child that has been in foster care how we can best improve often the answer will be you could hope for helped my mom so i dont have to give in the first place. In the act of 2008 they allow the states to get federal reimbursement for the certain kinship placements and other decision enacted in the last congress the states are not allowed to get federal incentives for increases in the kinship placements and dished wrongly signaled the states the kinship placements should be a priority but i have to say it still remains and suggestions to make the placements were prevalent. I know the senator is planning to introduce legislation that will allow them to be used. On the legislation that will reduce the reliance on Foster Care Group homes that allow the states to use their federal funds for these prevention services. I hope they have a Committee Markup of the legislation in the fall. This hearing is part of a bipartisan process to improve the outcomes for Vulnerable Children and families and i hope the members will listen carefully to the testimony of policy recommendations presented here today. Lets return to the senator for his opening remarks. Thank you mr. Chairman. I want to take note of the fact that you have spent decades keeping Child Welfare issues bipartisan here in the United States senate, and i commend you for that and look forward to building on the partnership. She has carried that which for many years as well and i think once again the finance committee can work in a bipartisan area on this issue. It is likely to be a single mother with two kids multiple parttime jobs and one really big worry. Even then it is a struggle to pay the bills to keep food on the table and because the work schedule changes week to week. A neighbor might place a concern called to the Child Protective Services and once that happens social workers have to choose between the two not very good options. Breaking up the family or doing nothing at all to help. And that has to change. Whenever you ask anyone whos been through the Child Welfare system about what could help them the most, the answer is often helping my mom helping my dad cut helping my family but thats not in the cards when social workers have nothing to offer but foster care. Today kids predominantly wind up in foster care because of the families like that single mom that are caught in these enormously desperate circumstances. Maybe mom or dad needs help covering the bills for a month. Substance abuse treatment connections to child care. Its good for breaking the family apart. In fact it might save the resources in the long run without compromising on safety. There was a big debate about what we are going to talk about this morning. A lot of the seniors and the church is had been talking about how a grandparents might be able to step in. When their child the parent the secondgeneration effect was having a problem they were out of work with Substance Abuse. And i learned older people grandparents, aunts uncles had an enormous potential that could make a big difference. Immediate relatives and and uncles were grandparents but thats the necessary standards for caring for a child would have the first preference under law when it came to caring for any sign if you and in effect was the First Federal law that had been enacted to promote kinship care so here we are in 2015 and i think we have an opportunity as the chairman suggested going even further to help these youngsters arrive. It begins with letting the states run with fresh policies when they are fallen on hard times. There is already proof that leaving states out of the oldfashioned federal system to produce results. My home state of oregon has a program im very pleased with. And we call it a differential response because it basically is all about signaling that every child and every family may require a different type of support. The old two option system basically says its either foster care or nothing doesnt cut it. And what we are going to talk about is how oregon has taken a more tailored approach to help the families out. Finance committees are lucky to have him in the department of Human Resources and i think my colleagues are going to be interested. Our new proposal on the family stability kinship act will make sure that the states are in a position to adopt fresh strategies like oregon and also provide more opportunities to tap that extraordinary potential thats out there with grandparents, uncles and family members to step in to the kind of circumstances where otherwise a child may just have one of two options they dont care for. I will close by saying i want to make it clear. We know kids for which foster care has been a lifesaver. It was a safe place to grow up and strive. Its about creating as many good choices as we can for youngsters to grow up in a safe, healthy environment that means keeping Families Together. I said at the outset the chairman and that the chairman has put in decades to steer this Child Welfare debate in a bipartisan way and i commend him for it and i want the chairman and the colleagues on both sides to know i think we have an opportunity to race to the occasion again and i look forward to working with the chairman and all of you. Let me introduce to the panel first we are going to hear from saundra a wellrespected advocate and single mother who has rai